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  • $2,550,000

    226 Union St #1-11, Jonesboro, AR 72401

    --beds
    --baths
    10,125sqft
    : 
    $16,247/mo
    Get pre-qualified
    Apartment
    Built in 2015
    -- sqft lot
    $2,447,600 Zestimate®
    $252/sqft
    $-- HOA

    What's special

    Historic buildingSecure gated accessDedicated gated parkingFire sprinkler systemAuthentic loft-style residencesTankless water heaters
    Exceptional Multi-Family Investment Opportunity in Downtown Jonesboro. Rare opportunity to acquire a fully occupied, income-producing ($200,000 Plus annually) property in the heart of the Downtown Jonesboro Entertainment District. This historic building features 11 loft-style residential units and 8 gated parking spaces, generating more than $200,000 in gross annual income, with additional potential to increase revenue. The property combines historic character with modern conveniences, including secure gated access, a fire sprinkler system, tankless water heaters, and an exclusive rooftop patio offering impressive downtown views. With strong rental demand in Jonesboro, this property offers immediate cash flow along with long-term investment potential. Authentic loft-style residences with dedicated gated parking are rarely available in the downtown market, making this a unique opportunity for investors seeking a quality income-producing asset or a potential 1031 Exchange. Financial statements, rent roll, and additional property information are available upon request.
    5 days
    67
    0

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Bill Pressly 870-919-3990,

    Arnold Group Real Estate 870-932-2600

    Source: CARMLS,MLS#: 26039269MLS Logo

      Facts & features

      Interior

      Heating
      • Electric
      Cooling
      • Electric
      Appliances
      • Included: Free-Standing Range, Microwave, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Gas Water Heater
      Features
      • Pantry
      • Flooring: Vinyl, Luxury Vinyl
      Interior area
      • Total structure area: 10,125
      • Total interior livable area: 10,125 sqft

      Property

      Parking
      • Parking features: Carport, Garage Door Opener
      • Has carport: Yes
      Features
      • Levels: Two
      • Fencing: Full
      Lot
      • Size: 9,583 Square Feet
      • Features: Other
      Details
      • Parcel number: 0114418350200
      • Zoning: Multi Use

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other (see remarks)
      • Property subtype: Apartment
      Materials
      • Brick
      • Foundation: Slab
      • Roof: Flat
      Condition
      • New construction: No
      • Year built: 2015

      Utilities & green energy

      • Electric: Electric-Municipal
      • Gas: Gas-Natural
      • Utilities for property: Natural Gas Connected, Cable Connected

      Community & HOA

      Community
      • Security: Smoke Detector(s), Security
      • Subdivision: City of Jonesboro
      Location
      • Region: Jonesboro

      Financial & listing details

      • Price per square foot: $252/sqft
      • Annual tax amount: $8,603
      • Date on market: 9/28/2026
      • Tenant pays: Electricity
      • Road surface type: Paved

        Estimated market value

        $2,447,600

        $2.33M - $2.57M

        $1,288/mo

        Price history

        DateEventPrice
        9/28/2026Listed for sale$2,550,000-3.8%$252/sqft
        Source: Northeast Arkansas BOR #10132595 Report a problem
        9/27/2026Listing removed$2,650,000$262/sqft
        Source: Northeast Arkansas BOR #10128650 Report a problem
        5/15/2025Price change$2,650,000-5.4%$262/sqft
        Source: Northeast Arkansas BOR #10121023 Report a problem
        4/5/2025Listed for sale$2,800,000$277/sqft
        Source: Northeast Arkansas BOR #10121023 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Downtown

        Getting around

        67 / 100
        Somewhat Walkable
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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